This level of analysis provides projections of gasoline, convenience store and carwash sales volumes for an undeveloped property.
We begin by examing area/neighborhood, surrounding development, economic outlook, competition, traffic flow, demography and automotive business potential. The data collected is used with our froecasting system to develop estimates of sales turnover for a property. Our system involves the use of analogue-based forecasting, regression analysis, gravity model, probability analysis and judgmental method.
With our proven method, we can reliably establish how much a property will probably turnover when it has a certain physical configuration and operating characteristic, within 20% or less of actual figures.
This level of analysis examines evidence of the need for a gasoline station, convenience store and carwash at a specific property and location.
Our analysis examines demand and supply within a defined market area to identify whether there is an unmet demand as determined by standard market research methods. We also examine whether the proposed project is reasonably convenient and useful to the public. We consider a new facility to be accommodating to the public need when it meets the demand of the customer base for gasoline, convenience goods and carwash services.
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